[allAfrica.com] About 40 States Expected to Ratify Certification of Diamonds Scheme Business Day (Johannesburg) NEWS November 4, 2002 Posted to the web November 4, 2002 By Julie Bain Johannesburg AFTER 18 months of negotiations more than 40 countries will officially ratify the Kimberley Process, to be drawn up at a meeting in Switzerland this week, to stop the trade in conflict diamonds. More than 20 cabinet ministers from around the world will endorse the process to be implemented on January 1 next year. At the same meeting, the SA government will publish its amendments to the 1986 Diamond Act, allowing SA's full compliance with the Kimberley Process. The new SA Kimberly certificate, which has to accompany all future diamond exports, will be unveiled at the meeting by Minerals and Energy Minister Phumzile Mlambo-Ngcuka. The Kimberly Process is designed to reduce the flow of rough diamonds used to finance armed conflict and fund terrorism activities. SA has played a major role in drawing up the framework, which led to the agreement on the Kimberley Process Certification Scheme. Abbey Chikane, chairman of the Kimberley Process, will be in Switzerland this week. "I am very optimistic that the Kimberley Process International Certification Scheme will eliminate completely the trade in conflict diamonds (and) there are very few of the major diamond importing and exporting countries who have not complied." In 2001 global sales of diamonds amounted to $77,5bn and it is thought the trade in conflict diamonds was 4% of this, or $5,2bn. Such a lucrative business will need rigorous monitoring before the illicit trade is stamped out. Chikane said he was aware of concerns from some organisations, which have questioned the effectiveness of the process as individual governments will be responsible for monitoring the diamond trade in their respective countries. These organisations have called for the setting up of an independent organisation to monitor the process. "First and foremost the Kimberley Process is a government process. These stakeholders have a lot of confidence in existing multilateral organisations. After the first year we will review the monitoring process and if there were any loop holes we would then look at other ways and means of strengthening the monitoring and controls of the process." The United Nations (UN), whose security council and general assembly have imposed sanctions on certain countries known to be trading in conflict diamonds, is backing the Kimberley Process. And the UN's committees for Angola, Sierra Leone and Liberia, are monitoring diamond trade in these countries. The European Union and the African Union have also thrown their weight behind the initiative, and the World Diamond Council, representing the diamond industry as well as a number of nongovernmental organisations, are active participants in the Kimberly Process. Chikane said that Angola, the Democratic Republic of Congo and Namibia have agreed to participate in the process. The Republic of Congo-Brazzaville, Liberia and Sierra Leone have not signed up, though, but Chikane said he was hopeful they would come on board soon. It is unclear if SA and Chikane will continue to play such a prominent role in the process.   =============================================================================  Copyright © 2002 Business Day. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). =============================================================================